Filter by:

Limited Power of Attorney

Limited Power of Attorney

I, [Your Name], of [Your Company Address], hereby appoint [Agent's Name], of [Agent's Address], as my attorney-in-fact (hereinafter referred to as "Agent") to act on my behalf in specific situations and transactions as described herein.

I. Scope of Authority

This Limited Power of Attorney grants the Agent authority to act solely within the confines specified herein and does not extend to any matters beyond the specified scope.

II. Effective Date and Duration

This Power of Attorney shall become effective immediately upon execution and shall remain in effect until [Expiration Date] unless earlier revoked by me in writing.

III. Agent's Duties and Responsibilities:

The Agent shall faithfully and diligently execute the powers granted herein, always acting in the best interest of the Principal. The Agent shall keep accurate records of all actions taken on behalf of the Principal and provide periodic reports upon request.

IV. Revocation Clause

The Principal reserves the right to revoke or amend this Limited Power of Attorney at any time by providing written notice to the Agent.

V. Specific Powers

  1. Real Estate Transactions: The Agent is authorized to represent the Principal in all matters related to the sale of the property located at [Property Address], including negotiating offers, signing contracts, and completing necessary documentation.

  2. Financial Matters: The Agent is granted authority to manage the Principal's banking affairs, including but not limited to depositing checks, withdrawing funds, and conducting transactions related to the [Bank Name] account, account number [Account Number].

  3. Legal Proceedings: In the event of the Principal's absence or incapacity, the Agent is empowered to appear on behalf of the Principal in legal proceedings, including attending hearings, submitting documents, and settling disputes.

  4. Healthcare Decisions: The Agent is authorized to make healthcare decisions on behalf of the Principal only in situations where the Principal is unable to do so themselves, including consenting to medical treatments, surgeries, and procedures.

  5. Business Affairs: The Agent is delegated authority to act on behalf of the Principal in business matters related to [Your Company Name], including entering into contracts, signing agreements, and representing the Principal in negotiations with third parties.

VI. Remedy and Penalty Clause

Any third party who relies on this Power of Attorney shall be entitled to rely upon a photocopy or facsimile copy of this document.

VII. Termination

This Limited Power of Attorney shall terminate upon the death of the Principal, the incapacity of the Principal, or the revocation of this Power of Attorney by the Principal.

VIII. Governing Law

This Power of Attorney shall be governed by and construed by the laws of [State/Country].

IN WITNESS WHEREOF, the undersigned Principal and Agent have executed this Power of Attorney on [DATE].

Principal:

[Your Name]

Agent:

[AGENT'S NAME]


WITNESS ACKNOWLEDGEMENT

I, the undersigned witness, attest that [Your Name] appeared before me and signed this Limited Power of Attorney on the date stated above.

Witness:

[WITNESS NAME]

[Date]


NOTARY ACKNOWLEDGEMENT

On this,          day of           in the year            , before me, a Notary Public in and for said Country and State, personally appeared [Your Name], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes therein contained.

Witness my hand and official seal.

[NOTARY PUBLIC'S NAME]

My Commission Expires:                               

Power of Attorney Templates @ Template.net